Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : C$0.39 B

According to Macatawa Bank's latest financial reports the company has C$0.39 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Macatawa Bank - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.38 B	13.59%
2022-12-31	$C$0.33 B	4.28%
2021-12-31	$C$0.32 B	5.1%
2020-12-31	$C$0.30 B	8.49%
2019-12-31	$C$0.28 B	8.28%
2018-12-31	$C$0.26 B	19.71%
2017-12-31	$C$0.21 B	-0.25%
2016-12-31	$C$0.21 B	3.31%
2015-12-31	$C$0.21 B	27.68%
2014-12-31	$C$0.16 B	17.25%
2013-12-31	$C$0.14 B	8.39%
2012-12-31	$C$0.13 B	35.42%
2011-12-31	$C$96.05 M	41.44%
2010-12-31	$C$67.9 M	-26.74%
2009-12-31	$C$92.69 M	-49.16%
2008-12-31	$C$0.18 B	15.77%
2007-12-31	$C$0.15 B	-13.76%
2006-12-31	$C$0.18 B	10.66%
2005-12-31	$C$0.16 B	17.17%
2004-12-31	$C$0.14 B	-11.86%
2003-12-31	$C$0.15 B	-11.23%
2002-12-31	$C$0.18 B	69.92%
2001-12-31	$C$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	C$0.58 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	C$0.72 B	83.17%	🇺🇸 USA
First Busey BUSE	C$1.80 B	355.27%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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